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WELCOME TO MY BLOG!

Dear reader!


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*****CURRENT NEWS******

*Consumer Price Index number for July is 252 & for Aug& Sep is 253 i.e 8.66s point over average of last quarter.

Hence D.A from Nov 2014 is 732 slabs(+49slabs)
i.e 109.80% (+7.35%)

*No progress on Talks on 10thB.P.S between IBA and UFBU on 26.09.2014. One day strike announced (date not yet decided.).

*IBPS CWE-III-Clerk-Batch-II, 2014-15 –INDIAN BANK:
date of induction training for Clerical Candidates – Batch II, scheduled from 07.10.2014 to 18.10.2014 stands deffered. Date of training will be informed in due course.

*Is ESOP on cards for Bank Employees?

* Revised LFC encashment amount from 25.06.2014!

*Compassionate appointment for Bank Employees restored from 05.08.2014!

*D.A. rate for Aug ,Sep ,Oct 2014: 102.45%

10th B.P.S UPDATE

13.10.2014: UFBU meeting at Bangaluru today:
Decisions taken:
Rallies/Demonstration: 30.10.2014
Countrywide Strike: 12.11.2014
Relay/Regionwise strikes on:
02.12.2014=>Sothern Region
03.12.2014=>Northen Region:
04.12.2014=>East and North East Region
05.12.2014=>Western Region
( One day in each region)

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26.09.2014: Meeting  No.13
IBA's attitude is negative,
reluctant to improve earlier offer of 11 % wage icrease.
UFBU decides for agitation including strike on 28th oct. 2014
*IBA agreed in principle for
nutralisation on D.A for pensioner.
*IBA insisted for Mediclaim policy for medical reimbursement system.
Unions agreed to consider in principle with modification
17.09.2014: Meeting No.12
Talks on wage revision:
In order to find amicable solution,
U.F.B.U. INDICATED FLEXIBILITY
on its demand of 25%
provided 
I.B.A. revise its offer substantially and also settle other issues.
IBA told they would hold meeting
in the next week (23rd) and respond.
*****************************************************************
Aug.2014: NCBE met Shri Rajnath Singh, Hon'ble Home Minister at New Delhi to expedite Wage Settlement, Compassionate Appointment etc. His response was positive. Department of Financial Services, Ministry of Finance, Government of India, assured to advise IBA to resume the talks on wage negotiations
********************************************************************
05.08.2014: Delegation of NOBW /NOBO/AIGBWO and AIGBOO under the leadership of Gen. Sec. BMS and Financial Sector Incharge met with Hon'ble FM and discussed following issues : Resume 10th BP talks with IBA immediately, Compassionate ground appointment, Pension issues , formation of National Rural Bank of India, HR and IR issues of RBI and IDBI Bank and Deposit Collectors. FM assured to sort it out immediately.
***************************************************************************************************************
27.06.2014: UFBU MET FINANCE MINISTER 

A nine member delegation representing all the constituents of UFBU met Shri Arun Jaitley, Hon’ble Finance Minister, Government of India, today in New Delhi and submitted a Memorandum on wage revision (text appended). On hearing the views of UFBU for an expeditious wage settlement, the Minister said that he would
call for detail report on the developments of wage talks with IBA from the Departmental Secretary and give suitable advice in the matter
***********************************************************************************************************
13.06.2014:  Meeting No.11
10th B.P.S.: Todays talks:
UFBU demanded 25% increase in pay slip cost(on Gross salary).
IBA offered only 11%.
UFBU rejected the offer.
UFBU will decide further course of action shortly.
***********************************************

14.03.2014:  Meeting No.10
In today's meeting with IBA, pension related issues and improvements in some of the other service conditions as per our charter of demands have been discussed. No discussion on wage held today.The next round of talks in the middle of April.
**************************************** 
03.03.2014: Meeting No.9
In talks with IBA, 
UFBU raised today 
1.Switchover from NPS to old pension scheme for new entrants,
2. 5days working, 
3. Pension,
4 . Hospitalisation improvement,
5. Housing facility etc. 
along with higher wage increase. 
IBA wanted time.No improvement today. 
Next talks expected after 15th Feb.
******************************************************
06.02.2014: Conciliation Meeting arranged by CLC @ New Delhi 
                  failed to move talks further,as IBA sticks to  10% increase only.
                  UFBU DECIDED TO GO AHEAD WITH STRIKE ON 
                  10&11 OF fEB 2014.
***********************************************************
27.01.2014: Meeting No. 8
UFBU calls for strike on Feb10&11, as IBA increased offer to 10% only.
********************************************************
17.01.2014: Meeting No.7
IBA offered 9.5% increase on "Pay slip cost" and next meeting 
date is fixed on 27.01.2014.
UFBU decided to differ strike programme on Jan.20&21 in vuew od the increased offer.
******************************************************
23.12.2013: 
Pursuant to the massive success of our strike action on 18th December,2013, a meeting of UFBU was held in Hyderabad on 23.12.2013
It is decided that UFBU shall continue the agitation and announced the following programmes.
**Two days’ All India Bank Strike on 20.01.2014 & 21.01.2014 by
observing strike for 48 hours starting from 6.00 a.m. on 20.01.2014
to 6.00 a.m. on 22.01.2014;
****************************************************************
14.12.2013:  Meeting No:6
Today's talks on wage revision:
IBA  offered only 5% increase.An act of insult, & fuel to fire.
UFBU rejects offer.Strike stands.
March on to 18th strike.
**************************************************
01.12.2013: UFBU informs:
Bank Employees Strike date on Wage revision
changed to 18.12.2013
(Reason: earlier date 19th is a holiday in some states)
*************************************************
22.11.2013: UNDUE DELAY IN WAGE NEGOTIATIONS 
UFBU DECIDES ALL INDIA STRIKE ON 19TH DECEMBER 2013 
****************************************************************
11.10.2013:  Meeting No:5
Issues discussed : Medical Insurance,5 day week, CTC  concept, Compassionate appointment,
D.A. formula based on 2001 index, % Increase in wages etc.,
IBA has not come out with any quantum of wage increase as they have not received mandate.
UFBU rejects CTC concept and new Medical Insurance Scheme initiated by IBA.
UFBU decided to go for agitation programme pressing speedy wage talks. 
************************************************************************ 
12.08.2013:  Meeting No:4
Talks on wage revision:outcome: 
1.wage increase:Date of effect from 01.11.2012
2. Merger of D.A. points with Basic Pay @ 4440
3. Welcome move on Compassionate appointment.
4. Mediclaim Policy proposed by IBA instead of hospitalisation reimbursement. 
**********************************************************************
07.08.2013: 
UFBU met Finance Minister and pressed for speedy conciliation of wafe talks and on other issues.
***********************************************************************
07.06.2013:  Meeting No:3
In today's meeting UFBU suggest wage revision talks should be completed in a stipulated time . Increase in wage should be implemented from 01.11.2012. Wge increase offer should exclude pension cost, terminal benefit, hospitalisation cost. D.A at 4876 points (sep 2012) should be merged with Basic pay.
IBA explained their issues like C to C, wage talks upto Scale 3 only etc., It will inform the offer % of increase in the next meeting after consulting Govt., Also IBA offer to merge D.A at point for year 2009.
*************************************************************************************
22.04.2013: Meeting No:2
10 th B.P.S talks:
In today's meeting IBA tabled the statistics about current staff expenditure and also their issues( their demand). Next meeting may be held in the middle of May 2013. In the meantime UFBU will meet and discuss the issues raised.
*************************************************************************
02.03.2013: 
10th BPS talks update:
Meeting scheduled on 04.03.2013 postponed.
Next date will be announced later.
*******************************************************************
22.02.2013:  Meeting No: 1
First meeting on 10th BPS held today between IBA and UFBU>
It is formal and introductory in nature. Next meeting fixed on 04.03.2013.
*******************************************************************
09.02.2013: 
First meeting of 10th B.P.S between IBA and UFBU
will be held on 22.02.2013 .
********************************************************************
02.02.2013: 
Charter of demands on wage revision:
The meeting of UFBU TODAY took note that most of the Banks have given their mandate to the IBA for negotiating with the unions on the charter of demands for revision of wages and service conditions. The meeting further took note that the IBA is collecting the data from all the banks relating to numbers of employees, stage wise details, which would be the basis for making calculations on load, Item wise cost etc. In the meantime, it was expected that the IBA would commence the formal negotiations with the unions but IBA has not fixed up the date for the same. Having regard to the need for early wage revision, the meeting decided to address a letter to the IBA to commence the negotiations immediately
********************************************************
01.01.2013: 
Bi-partite talks is getting delayed to start. Why?
Still many banks have not sent their mandate to IBA to negotiate on their behalf with UFBU. Will the Bank managements act fast, so that the talks may begin at the earliest?
****************************************************************
30.10.2012:
 5 Workmen unions and 4 Officers Unions today met IBA and submitted their Common Charter of demands for the 10yh B.P.S.and 7th Joint note.
*******************************************************************************
19.10.2012: UFBU will meet IBA on 30.10.2012 to submit Common charter of demand of both Officers and Award Staff Employees for 10th B.P.S.
 **************************************************************************** 
29.09.2012: 5 workmen Unions finalized Common APPROACH and draft Charter of Demands for 10th B.P.S in their meeting on 27.09.2012 and decided to meet IBA chairman in October 2nd week and hand over the charter of demands.
*********************************************************************************
  Aug 2012: Charter of demand for 10th B.P.S. by AIBEA,BEFI,NOBW,NUBE
                       RELEASED.
*********************************************************************************
06.07.2012: Common Charter of Demands: The meeting(of UFBU) decided that all 
                    Constituents are to be   ready with their respective Papers for 
                     preparation of the Common Charter 
                    by the end of this month and the same will be finalized for submission
                    before IBA by August 2012.
*********************************************************************************
06.07.2012: Com. P.K. Sarkar , President of AIBOC was elected as convener
                        of UFBU in yesterday's meeting.
                       (in place of Com.Nadaf/C.H. Venkatachalam.)
                       He will be the chief negotiator of 10th bipartite with IBA
*********************************************************************************
13.05.2012: NCBE has finalised its charter of demand in its National Executive Committee
*********************************************************************************
04.05.2012: AIBEA has formed a Sub-Committee to formulate charter of demand 
                   for 10th Bipartite settlement.
*********************************************************************************
17.04.2012:  BEFI has prepared a draft proposal on 10th Bipartite and has sent to state units for discussion and for further suggestions.
*********************************************************************************
21.03.2012:  UFBU MEETING DECIDED TO HAVE DISCUSSION ON
                  "FORMULATION OF CHARTER OF DEMAND FOR 10th BIPARTITE",
                      SOMETIME IN APRIL2012 
                    .....G.D. NADAF /AIBOC ELECTED AS NEW CONVENER OF UFBU.                                                                                                                                                                               
********************************************************************************

06.07.2012: Com. P.K. Sarkar , President of AIBOC was elected as convener
                        of UFBU in yesterday's meeting.
                       (In place of Com.Nadaf/C.H. Venkatachalam.)
                       He will be the chief negotiator of 10th bipartite with IBA
*********************************************************************************
13.05.2012: NCBE has finalised its charter of demand in its National Executive Committee
*********************************************************************************
04.05.2012: AIBEA has formed a Sub-Committee to formulate charter of demand  for 10th Bipartite settlement.
*********************************************************************************
17.04.2012:  BEFI has prepared a draft proposal on 10th Bipartite and has sent to state units for discussion and for further suggestions.
*********************************************************************************
21.03.2012:  UFBU MEETING DECIDED TO HAVE DISCUSSION ON
                  "FORMULATION OF CHARTER OF DEMAND FOR 10th BIPARTITE",
                      SOMETIME IN APRI 2012 
                    .....G.D. NADAF /AIBOC ELECTED AS NEW CONVENER OF UFBU.